Payment insights, practical business guides and news from the Gulf Management Systems team.
All You Need to Know About the Credit Card Transaction Process
While it only takes the customer a matter of seconds to complete a purchase, it may take dozens of actions using technology to complete a credit card purchase until the receipt prints. Customers use their credit…
Small Business Owner Tips You Should Follow This Summer
Summer is a busy time for lots of businesses. Many customers are traveling, going to events, spending more time outside, as well as changing their buying patterns. Some businesses will see an increase in demand…
Optimize Payments With GMS
Great products or services will gain new customers. However, if a business has a poor payment experience, they still lose revenue. Friction caused by delayed transactions, limited payment methods, and an overly complicated checkout process can turn…
The Best Virtual Terminal for Businesses
There are many key transactions in your business that don’t take place at your physical business or with an actual customer in front of you. Also, there are many businesses that are able to send…
The Best ACH Payment Gateway for Businesses
The majority of payment discussions are focused on credit card transactions. However, there are numerous forms of efficient payment processing systems that occur behind the scenes. For example, customers physically use their credit cards or digital…
Understanding Merchant Services for Small Businesses
Merchant Services for Small Businesses Customers tap their cards or hit submit to make a purchase but don’t think about the behind-the-scenes process of payment transactions. They expect everything to happen instantly and without any…
How Electronic Checks Simplify Payments for Businesses
When people think about paying for things they usually think about using either a credit card or cash. But actually, there are several other methods available which can provide the same benefits. One method that…
The Guide to How Direct Deposit Works
Receiving paper checks was once common. But at one point in time, employees would receive their checks and go to the bank to deposit the check. Then, they had to wait days for the bank…
Mobile Credit Card Processing For iPhone and Android
In the past, taking payments meant being stuck behind a counter to take payments. If the customer didn’t stand at the cash register, then your sale would have to wait until you could get them…
Empowering Through Smarter Payment Experiences
One of the key points where every aspect of your business will be measured is happening in just a matter of seconds! All when a customer pays for something using your service. Even if they…